An equity backed environmental group based in the North East has made an acquisition that strengthens its offering in the nuclear sector.
Gateshead’s Lucion Group has acquired specialist consultancy Aberdeen Radiation Protection Services (ARPS) Ltd in a deal that will expand its presence in Scotland.
Staff from ARPS, which was founded in 2001, will join Lucion as part of the deal.
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Founded in 2001, ARPS provides radiation protection services to a wide range of industrial and non-industrial companies operating globally. It specialises in services for companies in the energy sector but also serves waste management industry and other sectors.
Adam Mead, managing director of testing and inspection at Lucion Group, said: “The ARPS team has established an excellent reputation in the sector over the last two decades and their expertise, knowledge and contacts in the marketplace are welcome additions to the broad range of services we currently provide. Their capabilities complement the work we are already undertaking in the Nuclear sector and I am looking forward to working with the team as we continue to grow and provide a best-in-class range of environmental risk management services to our clients.”
ARPS managing director Matt Brodie said: “ARPS has built a strong reputation for providing high-quality radiation protection services to clients in the 海角视频 and abroad.
“Despite recent challenges presented by a global pandemic we never stood still, and when presented with the opportunity to join a progressive market leader like Lucion Group our team immediately recognised the synergies and saw it is a fantastic opportunity for ARPS to continue to develop its strategy and vision of delivering first-class services in a modern format while expanding into new locations and markets – an exciting prospect indeed for 2022.”
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Lucion Group CEO Phil Rozier, added “When Palatine supported our management buy-out in 2019, our collective plan was to continue to grow organically while also taking opportunities to expand and enhance our service offering through strategic M&A. On the back of the acquisition of Delta-Simons earlier this year and strong organic growth throughout 2021, it is fantastic to end the year by welcoming the ARPS team into the Lucion Group and continue with that strategic vision.
“Going into 2022 we will look to continue our strategic growth plan. We have good visibility over continued organic growth and have a strong pipeline of further acquisitions under consideration.”
Lucion Group operates nationwide with more than 500 employees working across over 20 industrial sectors and including utilities, real estate, nuclear, technology, marine and development.
It was supported on the acquisition by Addleshaw Goddard.